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Council authorizes first reading of lease for restaurant at historic Alameda Theatre
Summary
The City Council introduced an ordinance authorizing the interim city manager to execute a lease with Playhouse LLC (doing business as Director’s Cut / Project Burger) for a 1,850‑square‑foot restaurant suite at 2319 Central Avenue. The 36‑month lease (with a 36‑month option) sets rent at $5,865/month with annual 3% increases; staff said the lease will support roughly $200,000 in lease revenue over three years.
The Alameda City Council on March 3 approved the first reading of an ordinance authorizing a new lease for a restaurant suite in the historic Alameda Theatre complex.
Annie Cox, management analyst for Base Reuse and Economic Development, presented the staff recommendation to authorize the interim city manager to execute a 36‑month lease (with one 36‑month renewal option) with Playhouse LLC, doing business as Director’s Cut and Project Burger, for…
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